Buy and sell shares online

Tesco has sealed a buying alliance with French rival Carrefour to pursue better terms with suppliers as the retailers face tough competition in the grocery sector. Tesco's tie-up with Carrefour has been perceived as an attempt to protect its dominance over the UK grocery market Britain’s biggest supermarket chain said the long-term partnership with Carrefour would come into force in October, helping the pair to reduce the cost of their supply. They aim to cut prices for customers by joining forces to buy branded and own-brand products and other suppliers such as trollies and shop fittings. The three-year deal has been prompted by increased competition in Britain’s £200bn year food market. Amazon is threatening to expand its food business after buying Whole Foods last year, while German discounter Aldi and Lidl continue snap up market share from the traditional players. Tesco has already sought to strengthen its supply chain through a £3.7bn … [Read more...] about Tesco eyes price cuts through Carrefour buying partnership

Sapo to share sales experience online By Chi Thinh HCMC – Multichannel sales platform developer Sapo will coordinate with its e-commerce partners to organize the annual Mobile E-commerce Day (MEDay) in HCMC on July 20 to discuss new trends and share experience in selling products through mobile devices. Sapo will team up with Zalo Business, a provider of online marketing and sales solutions over the Zalo app, and the Lazada e-commerce platform to jointly organize the MEDay event, themed, “Sales on mobile devices: Proper understanding and performance.” According to statistics from Sapo Web, 60% of visits to more than 33,000 websites are made on mobile devices. A report by online shopping aggregator iPrice also showed a strong growth in the number of mobile visits to websites in Southeast Asia, particularly Vietnam, averaging at 19% last year. Mobile visits accounted for 72% of the total number of visits to e-commerce sites. Corresponding to the increase in mobile … [Read more...] about Sapo to share sales experience online

Once Yeah1 succeeds in selling 7.8 million shares at the unit price of VND300,000 ($13.17), it will become the most valuable stock in Vietnam, exceeding the record VND230,000 ($10.09) of Sabeco. Yeah1 may reach record in share price valuation A leading global digital network, Yeah1 is confident that the sale will be successful, generating proceeds of $100 million. To date, numerous foreign firms from the UK, Singapore, Japan, and Thailand registered to buy 70 per cent of the offered shares. Some of the largest names are Capital Asset Management, Probus Group, and TT International Limited. Once successful, Yeah1 will spend the proceeds on expanding its operations via investments, M&A deals, as well as partnerships. Along with Yeah1, there were numerous large-scale M&A deals in the digital networks on the world. According to Fiercecable, in April 2016, new over-the-top player Verizon (NYSE: VZ) purchased a 24.5 per cent stake in AwesomenessTV, a youth-focused digital … [Read more...] about Yeah1 may break record share value

DFJ VinaCapital-backed entertainment group Yeah1 will offer 7.8 million shares for both foreign and local firms before trading 27.4 million shares on the Ho Chi Minh City Stock Exchange (HSX). Yeah1 TV, one of the popular entertainment channels run by the company According to the plan, Yeah1 will start to put these shares on sale with the expectation to acquire $100 million in proceeds at the share price of VND300,000 ($13.17). To date, numerous foreign firms from the UK, Singapore, Japan, and Thailand registered to buy 70 per cent of the offered shares. Some of the largest names lining up for a stake are Capital Asset Management, Probus Group, and TT International Limited, among others. Yeah1 will spend the acquired money on expanding its operations via investments, M&A deals, as well as partnerships. This year, Yeah1 targets earning VND1.6 trillion ($70.2 million) in net revenue and VND172 billion ($7.55 million) in net profit, signifying increases of 90 and 109 … [Read more...] about Yeah1 to sell 7.8 million shares on HSX

HCM City to get high-quality farm products from Long An Agricultural businesses in the Mekong Delta province of Long An are looking at ways to increase supplies of their products to Ho Chi Minh City, the largest economic centre in the southern region. Nguyen Ngoc Hoa, Deputy Director of HCM City’s Department of Industry and Trade, said that buying and selling was being done through modern distribution channels as well as traditional markets. Safe food, traceability of product origin, and post-harvest preservation are all important parts of today’s agricultural production process. However, there are only a few enterprises and cooperatives from Long An province that can satisfy these conditions. If enterprises and cooperatives from Long An met these conditions, they could become key suppliers to HCM City over the long term, according to Hoa. At the meeting between officials from HCM City and Long An province last week, representatives of Long An province’s enterprises … [Read more...] about BUSINESS IN BRIEF 4/5

A vibrant e-commerce market is well and truly taking shape in Vietnam. Whispers began to circulate in March that Amazon will enter Vietnam. While we wait for the possible confirmation of rumors, let’s look at the development of everything e-commerce within Vietnam: where it has been, where it is now, and where it is going. Quantity & quality Many experts and consumers believe that traditional shopping is now dominated by the e-commerce industry largely due to the rise in popularity of online shopping platforms. Most consumers are no stranger to electronic devices and the advantages that these online platforms provide. In addition to the more well-known shopping sites such as Lazada, Thegioididong, Sendo, Shopee, and Tiki, Vietnamese consumers also undertake retail therapy via social networks such as Facebook and Zalo. This form of shopping allows everyone to be the seller, and even though the sales segment is extremely small, the size of the market is quite … [Read more...] about Many shoppers now heading online

Receiving the support of Scroll Corporation from Japan may help Cat Dong to increase its e-commerce market share in an e-commerce market that has great potential but is a difficult market to crack open with many players running losses and being forced to withdraw. Japanese e-commerce company Scroll Corporation joins Vietnamese market According to information published on Cat Dong’s website, on April 2 e-commerce firm Scroll completed the purchase of a 26.9 per cent stake in the company. The deal value was not disclosed. Besides, on April 16 the two parties signed a business partnership agreement to co-operate with each other. According to the agreement, they will take utilise all their management resources and strengths in various fields ranging from sales to e-commerce solutions and travel operations to increase their market share in Vietnam. Notably, Cat Dong will sell Japanese products provided by Scroll on its websites like CungMua.com, NhomMua.com, and Shipto.vn. … [Read more...] about Scroll Corporation joins Vietnamese e commerce through Cat Dong

Poultry breeding heats up again General manager CP Vietnam Montri Suwanposri said that Vietnam’s poultry prices are closer with prices of other countries; accordingly, CP Vietnam will sell chicken to Japan after finishing paper works as per the partners’ requirement. Montri Suwanposri added that C.P in Thailand is the leading firm exporting chicken meat to Japan for years with the quantity of five million a week. There has been an increase in poutry meat orders lately because many countries banned import chicken from Brazil , an exporter of chicken to Japan, after food safety scandal. These countries switched to import chicken meat from Asian countries especially Thailand. At present, prices of poultry in hi-tech farms in Vietnam is similar to chicken prices in other Asian countries, accordingly, C.P Thailand will share its orders with Vietnamese firms and C.P Vietnam has planned to sell chicken meat to Japan in 2019. In 2017, Vietnam’s livestock sector marked its … [Read more...] about BUSINESS IN BRIEF 16/4

VietNamNet Bridge - Telephone numbers, emails and addresses of millions of Vietnamese Facebookers can be bought easily. An ad posted on internet “On sale: a file comprising information about 20,000 customers who have bought cars. High quality is guaranteed for car sellers and insurance agents,” says an ad posted by a member of a group of Facebookers discussing marketing. The seller said he would only sell to the first five customers who contact him. These ads first appeared some years ago and have become more common recently. The information for sale includes names, telephone numbers, emails, residential addresses and hobbies/interests of Facebookers. Phan Van Hoi from a big media company in Hanoi said that Facebookers’ information is no longer private”. Hoi said dozens of apps have been developed to scan Facebook User IDs (UID) and get information. It costs hundreds of thousands of dong and several millions of dong a month to buy apps which he can use … [Read more...] about Apps scan and collect Facebook user information for sale

The Hanoitimes - JD.com, Chinese second largest online retailer behind Alibaba, has made an investment in Vietnam’s leading B2C e-commerce firm Tiki.vn, expanding its Southeast Asia business amid growing competition. JD.com didn't disclose the size of the investment but said that it would become one of the largest shareholders in Tiki after this deal, according to its statement released on January 16. As part of the deal, JD will partner with Tiki in a range of areas, including merchandising, cross-border trade, logistics and fulfillment, technology, financing, and operational capabilities, it said. With the investment in Tiki, JD.com adds Vietnam to its growing Southeast Asia presence “We are very excited to continue our Southeast Asia expansion with Tiki, a company that has a deep understanding of Vietnam and a reputation for outstanding customer service,” said Winston Cheng, president of JD.com’s international business, said in the … [Read more...] about China’s second largest online retailer JD.com invests in Tiki